It’s been more than a year since the effectivity of the Tax Reform for Acceleration and Inclusion (TRAIN) Act, but the effects of its implementation are far from over. Just this year, the Bureau of ...

As we get closer to the April 15 deadline, taxpayers should be wary of changes in the preparation and filing of annual income tax returns (ITR). On Jan. 24, 2014, the BIR issued Revenue Regulations ...

The Bureau of Internal Revenue (BIR) has extended the deadline for tax payments, filing of tax returns and submission of documents due to the inclement weather. Internal Revenue Commissioner Romeo D.

AS the calendar year closes on Dec. 31, 2025, it is critical for businesses to review and comply with applicable tax, corporate and local regulatory obligations so that mandated requirements are met ...

With the end of the year approaching, most people start preparing for the holidays. For accountants and tax practitioners, this is also the time to plan for year-end statutory obligations, such as the ...

Pay your taxes early to avoid inconvenience. This was the Bureau of Internal Revenue’s (BIR) reminder to taxpayers months ahead of the deadline for filing returns. In a statement, BIR Deputy ...

The current Income Tax Return (ITR) form as devised by the Bureau of Internal Revenue (BIR) is all of 12 complicated pages long. It seems to be made with big time manufacturers and people with ...

Finally, on July 29 the Bureau of Internal Revenue (BIR) issued the much-awaited Revenue Memorandum Circular (RMC) No. 76-2020 to clarify issues on the filing of BIR form no. 1709. BIR form no. 1709 ...

The deadline for filing income tax returns is Monday, April 15. Those who will not be able to pay on Monday will face penalties. MANILA, Philippines – The Bureau of Internal Revenue (BIR) set a strict ...

MANILA — To investigate erring revenue officers, the Bureau of Internal Revenue (BIR) has formed a special disciplinary committee aimed at looking into questionable tax audits. Separately, BIR ...